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Protégé Energy III LLC

Company Summary

Description

Protégé Energy III is a Tulsa-based oil and gas company focused on acquiring and developing assets in the domestic onshore basins of the United States. Protégé I was founded in 2004, Protégé II was founded in 2008 and Protégé III was founded in 2013 through partnerships with EnCap Investments.

Website

http://www.plantationpetro.com/

Related Entities

Recent news

  • 9/27/2016 - Newfield Exploration... (subscriber access)
  • 8/3/2016 - Newfield Exploration... (subscriber access)

Company Transactions

Date: 9/27/2016
Type: Acquisition

BUYERS:
  • Protégé Energy III LLC
    • SELLERS:
  • Newfield Exploration Co.
    • DETAILS:

    COST: 380 $MM

    VOLUMES: 12.7 MBOE/d

    NOTES:
    Newfield's combined asset sale consisted of 12.7 Mboe/d of production for total proceeds if $380 million. The Eagle Ford portion of the sale was signed with Protege LLC while a second portion of the asset was signed with a third party.
    REGIONS:
  • Eagle Ford